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International

China regulators increase vigilance of sales by foreign insurers

May 25, 2016 Reprints

The China Insurance Regulatory Commission has asked all its branches to increase vigilance against insurance products sales by foreign insurers that break rules, Reuters reported citing Shanghai Securities News.

CIRC asked its branches to investigate cases of wealth management, domestic consultancies and insurers receiving payments from foreign companies, or holding summits or advertising about foreign insurance products.

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China regulators increase vigilance of sales by foreign insurers

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